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us-mortgage-demand-plunges-for-second-straight-week-amid-higher-rates
US Mortgage Demand Plunges for Second Straight Week Amid Higher Rates

US Mortgage Demand Plunges for Second Straight Week Amid Higher Rates

Last updated: March 25, 2026 5:48 pm
By Andrew Moran
1 Min Read
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US Real Estate

The war in Iran is leaving markets on edge.

US Mortgage Demand Plunges for Second Straight Week Amid Higher Rates

A ‘For Sale’ sign in Washington. Madalina Vasiliu/The Epoch Times

Andrew Moran

Andrew Moran

3/25/2026|Updated: 3/25/2026

0:00

Mortgage demand tanked for the second straight week as higher interest rates slowed homebuying and refinancing activity, new industry data show.

For the week ended March 20, total mortgage application volumes declined by 10.5 percent, according to figures from the Mortgage Bankers Association released on March 25.

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